53, Foster Way, B5 7QJ

Sale history

Date	Paid price	Annual growth	After inflation
Oct 2002	£69,950	19.3%	17.3%
Nov 2001	£59,500	13.1%	11.4%
Aug 1997	£35,250	na	na

Internal area

61 square metres (657 square feet) according to latest EPC inspection

Price per internal area

This property sold for £1,146 per square metre (£106 per square foot) in Oct 2002. Indexed forward to today's value, this is roughly £2,091 per square metre (£194 per square foot) .

Date	Paid price	Paid £/sqm	Today's value	Today's value £/sqm
Oct 2002	£69,950	£1,147	£127,540	£2,091
Nov 2001	£59,500	£975	£135,387	£2,219
Aug 1997	£35,250	£578	£116,411	£1,908

Calculated using the latest EPC internal area of 61 m². Earlier sale dates may not have had the same measured area available.

Valuation

The most recent sale price indexed forward to today's value is £127,540. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Birmingham are now selling for between £2,260 and £3,750 per square metre (£209 and £348 per square foot). Based on an internal area of 61 m², this implies a valuation between £138,000 and £229,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.

Bedrooms

2

Type

Flat

Council tax band

A

This property has been flagged on the basis of:

• Listed in the 2011 NROSH social housing extract.
• EPC tenure recorded as social rental.

Summary:

16 January 2017 - energy performance certificate grade C

Reason for EPC:

Rental

Tenure:

Social rental

Property type:

1st floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 1967 to 1975

Area:

61 sqm (657 square foot) total internal area

Comments:

Walls: Cavity wall, filled cavity. Roof: (another dwelling above). Heating: Boiler and radiators, mains gas.